NOTE 131 - DON'T COUNTERATTACK QUICKLY IN TRADING
🎯 Losses make you want to do something immediately. But “counterattacking” out of emotion only makes things worse. It's not a strategy – it's a reflex of a wounded ego.
💡 Reacting to the market right after a loss is a very human instinct. But in investing, instincts are often the enemy. Decisions made from emotions almost always go against logic and strategy. The best traders are not those who never lose – but those who know how to stay calm after a loss.
🔑 Core message: Calmness is not appealing. But it saves you from making wrong decisions. Take a step back, review the plan – sometimes that's the winning move you can make.
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❗ Instant decision
😱 Emotions hard to control
🚨 Rarely successful
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